BFM 89.9
The Business Station
BFM 89.9
The Business Station
Malaysia’s EFT Scheme: What’s Working, What’s Not
Malaysia’s EFT Scheme: What’s Working, What’s Not
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41 mins
40 mins
Guest: Samantha Ho, Regional Correspondent, Eco-Business, Preetha Sankar, Environmental Lawyer
Malaysia’s forests and ecosystems are critical to both our natural heritage and climate goals — and yet, managing them often falls to state governments with limited resources and incentives. That’s where the Ecological Fiscal Transfer, or EFT, comes in: a federal funding mechanism designed to reward states for protecting their natural assets. But how well is it working, and what could make it stronger? To explore these questions, we speak to Samantha Ho, a regional correspondent with media company EcoBusiness, who recently co-authored a two-part series on EFTs for Macaranga, exploring how EFTs function on the ground. We also speak to environmental lawyer Preetha Sankar, who joins us to offer a legal perspective on how these funds could be better supported by policy and regulation.
Image Credit: Shutterstock
Presenter: Juliet Jacobs
Producer: Juliet Jacobs
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